Glenda J. Flanagan - 22 Aug 2023 Form 4 Insider Report for CREDIT ACCEPTANCE CORP (CACC)

Role
Director
Signature
/s/ Glenda J. Flanagan
Issuer symbol
CACC
Transactions as of
22 Aug 2023
Net transactions value
$0
Form type
4
Filing time
24 Aug 2023, 16:18:49 UTC
Previous filing
09 Jun 2023
Next filing
09 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CACC Common Stock Award $0 +100 +1.6% $0.000000 6,201 22 Aug 2023 Direct F1
holding CACC Common Stock 4,207 22 Aug 2023 By grantor retained annuity trust F2
holding CACC Common Stock 8,000 22 Aug 2023 By limited partnership F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,200 vested restricted stock units and 100 unvested restricted stock units that were granted under the Company's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. 100 restricted stock units will vest and be distributed in three equal annual installments beginning on August 22, 2024, which is the first anniversary of the date on which the restricted stock units were granted.
F2 Shares are owned by The Glenda J. Flanagan 2020 Grantor Retained Annuity Trust. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.
F3 Shares are owned by GCM GP, LP. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.